The adverse effect of information on governance and leverage
We study the effect that internal information systems have upon a firm’s leverage and corporate governance choices. Information systems lower governance costs by facilitating more targeted interventions. But they also generate asymmetric information between firms and their investors. As a result, fi...
| Príomhchruthaitheoirí: | , , |
|---|---|
| Formáid: | Journal article |
| Foilsithe / Cruthaithe: |
INFORMS
2017
|